TJX Reports Q2 Comps Up 4%; EPS up 27%
The TJX Companies, Inc. announced net sales for the second quarter ended August 1 increased 4.0% to $4.7 billion and consolidated comparable store sales increased 4.0% over last year’s strong gains…
Saks’ Loss Widens in Q2; Maintains Sales Guidance
Saks Incorporated posted a net loss of $54.5 million, or 39 cents per share for the second quarter ended August 1, 2009, compared to a net loss of $32.7 million, or 24 cents per share, for the prior year second quarter ended August 2, 2008…
Urban Outfitters Beat Q2 Profit Estimates; Comps Slide 3%
Urban Outfitters, Inc., which operates under the Anthropologie, Free People, Terrain and Urban Outfitters brands, announced earnings of $49 million and $80 million for the three and six months ended July 31, 2009, respectively. Earnings per diluted share
Nautilus Q2 Crippled by Commercial; Mgmt. Ponders Sales of Segment
Following up on a disappointing full-year 2008 and a 2009 first quarter that saw sales plummet 44.4%, Nautilus didn’t see much improvement in Q2 as a flopping commercial business continues to negate meager improvement in other business segments…
Gildan Fiscal Q3 Earnings, Sales Fall on Weakness from Activewear/Socks
Gildan Activewear, Inc. said significant weakness from its underwear and activewear segments were the primary catalysts for slumping sales and declining earnings for the third fiscal quarter ended July 5…
Mizuno Corp. Fiscal Q1 Profits Halved on Global Revenue Declines
Mizuno Corporation got little help outside of its native Japan in the fiscal first quarter ended June 30 as all non-domestic regions posted strong double-digit declines for the period. Total worldwide revenues declined 9.3% to ¥40.9 billion ($420 mm), co
The Paddlesports Trade Show Debate Updated
Some of the biggest buzz at the Outdoor Retailer Summer Market event had nothing to do with new product introductions. Early in the show, Jim Marsh, publisher of Canoe & Kayak magazine, announced his intent to launch a new paddling trade show (see BOSS_09
RSR Group Makes Sales Management Team Changes
RSR Group, Inc.said Wes Knight was recently promoted to National Sales Manager and Charlie Eklund has assumed the Assistant National Sales Manager position…
U.S. Fish and Wildlife Service Announces Proposal to List Seven Foreign Bird Species
The U.S. Fish and Wildlife Service has announced a proposal to protect seven Brazilian bird species as endangered under the Endangered Species Act (ESA). If made final, the measure would extend ESA protection to these species. The decision by the Service
Mountain Hardwear Opens Store in Tokyo
Mountain Hardwear Inc. will open a store in the exclusive Harajuku neighborhood in Tokyo, Japan, showcasing Mountain Hard Wear apparel and equipment and Montrail footwear. The new store is Mountain Hardwear’s third company-owned branded store worldwide…
New Era Cap Acquires 5th and Ocean
New Era Cap Co., Inc. has acquired 5th & Ocean, the privately held licensed sports apparel manufacturer in Miami best known for its women's styles. The acquisition is expected to help New Era further expand into sports and fashion apparel. Terms were
Phoenix Footwear Widens Q2 Loss
Phoenix Footwear Group reported a net loss of $5.11 million, or 63 cents per share, for the second quarter ended July 4, 2009, compared to $2.16 million, 26 cents per share, in the second quarter of fiscal 2008…
Riddell Sports Extends NFL Licensing Agreement
Riddell Sports signed a multi-year extension to its existing licensing agreement with the National Football League (NFL)…
Cabela’s Credit Card Business Weakens
According to a filing with the Securities and Exchange Commission, Cabela's Inc. said its credit card business' gross charge-offs rose in July. Gross charge-offs — accounts receivable that will likely not be collected and be written off — rose
CPSC to Enforce New CPSIA Requirements for Children’s Products
On August 14, 2009, new requirements of the Consumer Product Safety Improvement Act (CPSIA) will take effect that are aimed at making children's products safer and increasing consumer confidence in the marketplace…
